Gnox (GNOX), Much Like Tron (TRX) And Avalanche (AVAX) Before It, Set To Surge Into Top Crypto Lists

While Binance and Ethereum and Solana are busy fighting for Layer 1 dominance, two lesser-known blockchains – Tron (FRX) and Avalanche (AVAX) – are gaining momentum. When bear markets turn bullish again, these mid-level altcoins, while riskier, have historically far outperformed the leading companies in terms of percentage gains.

But TRX and AVAX also come with much higher volatility and risk than ETH and BNB. They could well be great investments. However, if you are overinvested in any of these altcoins and the project experiences some sort of black swan event, investors could lose their shirts, as we saw with LUNA/UST.

However, there is another altcoin option that will rise sharply. A new DeFi token called GNOX allows users to spread their crypto investments across a range of DeFi platforms and passive income opportunities. If any of these platforms suddenly went down, the impact on GNOX holders would be minimized.

This yield farming as a service platform makes investing in yield-generating opportunities super easy. All investors have to do is buy and hold the GNOX token.

The way it works is that a 6% royalty on all aftermarket sales of GNOX tokens goes into a treasury. Since these taxes are due no matter which way the wind blows, the total contribution to the treasury increases forever.

The treasury is then invested in yield farming opportunities such as liquidity pools, lending platforms and staking. Once a month, the profits from these investments are proportionally returned to all GNOX holders by using them to buy back and burn GNOX tokens. This reduces the circulating supply and increases the value of the token.

Additionally, a 1% royalty will be paid back to all GNOX token holders. This and the combustion mechanism ensure that not only does the treasury keep growing and the supply in circulation keeps shrinking, but the stacks of all GNOX holders keep growing as well. win-win-win.

So who decides where to invest GNOX tokens? The keepers do. First, the Gnox platform aggregates return opportunity data across multiple platforms. Then a team of DeFi specialists analyzes the data and recommends a list of the best opportunities for holders. Owners can then vote on which investments make sense (if they wish). Everyone shares the booty equally (proportionally).

Now would be a good time to try GNOX as the token is currently in ICO mode. Additionally, an innovative pre-launch burn mechanism ensures that the sooner you invest in GNOX (the price has already increased by 63%), the more your stack is worth at launch. After the presale is complete, any remaining unsold tokens will be burned. This ensures a fair start and gives another big boost to the value of the token.

It wouldn’t be an exaggeration to call Gnox revolutionary. The platform makes DeFi investing as easy as possible. It is unlikely that any project will come along and make DeFi even easier. If Gnox gets a good head start – and it looks like it – then the platform will likely see exponential growth and mass adoption.

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